Marshall Plan

Definitions

n. a United States program of economic aid for the reconstruction of Europe (1948-1952); named after George Marshall

Etymologies

Sorry, no etymologies found.

Examples

By all accounts the Marshall Plan was a huge success, bringing European economies back online and multiplying their growth beyond even the wildest expectations of President Truman, the Congress, or Marshall.

I agree that Lend Lease was a good thing for Britain (though a bargain extracted on eye-wateringly punitive terms from a British perspective) and that the Marshall Plan was a noble, if also necessary and self-interested project.

Mr. Hannan does not specifically mention the influence of the American defense umbrella and the economic advantage of the Marshall Plan in his comments on the post World War II development of the European socio/political psyche.

Most, such as Ed Cray's excellent "General of the Army" (1991), focus on Marshall's wartime accomplishments or his postwar résumé (secretary of state, defense secretary, head of the Red Cross, promoter of the Marshall Plan, winner of the Nobel Peace Prize).

The United States in 1947 began to implement a policy of containing Soviet expansion, first through the Truman Doctrine, which provided economic aid to Greece and Turkey, and then through the Marshall Plan, a major foreign aid program designed to rebuild Western Europe economically and stabilize it politically.